April 21
Nigeria: Naira Will Continue to Appreciate Against the Dollar - Shettima
Vice President Kashim Shettima has expressed optimism about the performance of Nigeria's currency, the Naira, at the forex market, saying it will appreciate more as the dollar… Read more »
Nigeria: Gov Eno Offers Job, Scholarship to Wife, Daughter of Businessman Killed By Kidnappers
Akwa Ibom State governor, Pastor Umo Eno, has offered job opportunity to the wife of a businessman, Sylvanus Ukpong who was killed by kidnappers and given a scholarship to the… Read more »
Nigeria: How Adeduntan Resigned As First Bank CEO On CBN's Order
There are strong indications that the sudden resignation of former Managing Director and CEO of First Bank, Dr Adesola Adeduntan was triggered by directives from the Central Bank… Read more »
April 17
Nigeria: 9mobile Clinches 2 Trophies At Sabre Awards 2024
Organisers of the SABRE awards have judged 9mobile winners in two distinct categories - The SABRE Award for Superior Achievement in Reputation Management and Special… Read more »
Nigeria: Naira Abuse - EFCC to Arraign Cubana Chief Priest Today
Economic and Financial Crimes Commission (EFCC) will today arraign a businessman and socialite Pascal Okechukwu, also known as Cubana Chief Priest, before the Federal High Court in… Read more »
Nigeria: Debt Crisis - Kaduna Assembly Begins Probe of El-Rufai
Kaduna State House of Assembly has set up a 13-man ad-hoc committee to investigate financial transactions, loans, grants and projects executed by the of Mallam Nasir el-Rufai… Read more »
Nigeria: Petrol Import Costs Fully Recovered, Nnpcl Insists
The Nigerian National Petroleum Company Limited (NNPCL) has said it recovered full costs from the products it imports into the country. Read more »
Nigeria: Cost of Living - Government Policies Need to Wear Human Face
With galloping inflation that officially stands at 33.2 per cent, it has become trite to suggest that Nigerians have had to endure a lot recently. The hard times span the whole… Read more »
Nigeria: Naira Dips to N1,050 As Foreign Reserves Deplete to 7-Year Low
The value of the naira rescinded some of its gains yesterday selling at N1,050 to the dollar at the parallel market, as the external reserves of the country declined to its lowest… Read more »
Nigeria: Save Rice Processors From Collapse, Stakeholders Beg FG
Critical stakeholders in the rice processing sub-sector have appealed to the federal government to save their businesses from collapse. Read more »
Nigeria: No Issues With NUPENG, Ptd, Nogasa Boss Clears Air
Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) on Tuesday clear the air over the purported crisis between it and other unions stating that it neither had any issues… Read more »
West Africa: IMF Raises Nigeria's Growth Forecast to 3.3 Percent
The International Monetary Fund (IMF) on Tuesday, raised Nigeria's Gross Domestic Product (GDP) from 2.9 per cent in 2023 to 3.3 per cent in 2024, saying that there is improved… Read more »
April 18
Nigeria: Power - 13,000 MW Instead of 200,000MW Unacceptable, Says Obi
Presidential candidate of the Labour Party (LP) in the 2023 general election, Mr Peter Obi, has expressed deep concerns over the perennial power situation in the country recording… Read more »
April 14
Nigeria: 6 Banks Spend N205.34bn On It Amid E-Payment Boom
Six commercial banks increased their spending on information and technology (IT) by 44.66 percent to N205.34 billion as more customers carried out electronic transactions,… Read more »
Nigeria: Chivita|hollandia Rewards Outstanding Trade Partners At Annual Conference
Chivita|Hollandia (CHI Limited) has rewarded its long-standing distributors at the recently held 2024 Distributor Conference. Read more »
Nigeria: Enhancing Nigeria's Fiscal Capacity
In a bold move to address Nigeria's longstanding challenges with tax collection, President Bola Tinubu has set in motion a comprehensive strategy to overhaul the country's tax… Read more »
Nigeria: Nipcogas Crashes CNG Price to N200/Scm, Unveils Stations in Lagos
NIPCO GAS is about to promote the use of Compressed Natural Gas, CNG, as alternative to Premium Motor Spirit, PMS also called petrol in the commercial city of Lagos after it has… Read more »
Nigeria: Naira to Emerge Best Performing - Goldman Sachs
With the value of the naira already stronger at around N1150 to the dollar at the parallel market, a big jump from the low of N1890 which it was earlier this year, Goldman Sachs… Read more »
Nigeria: ASP to Promote Responsible Advertising in Nigeria
The Advertising Standards Panel (ASP) is set to promote responsible advertising in Nigeria through its Stakeholders' Forum scheduled for Thursday, April 25, 2024. Read more »
Nigeria: Harsh Operating Environment - Nigerian Breweries to Close 2 Production Plants
Nigerian Breweries Plc has indicated plans for a company-wide reorganisation which include the temporary suspension of operations in two of its nine breweries. Read more »
Nigeria: Kebbi Sanitises Payroll System in Lgas, Lgeas
Kebbi State government through the office of the Auditor General for Local Government Areas (LGEAs) and Local Government Education Authorities (LGEAs) said it has sanitised the… Read more »
April 15
Nigeria: Naira Surges Against Dollar, Hits 5-Month High
The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in some segments of the black market as of late… Read more »
April 14
Nigeria: We Are Committed to Engaging Strategic Partners for Ekiti Development - Oyebanji
Ekiti State Governor, Mr Biodun Oyebanji has emphasized his unwavering commitment to engaging both governmental and non-governmental organizations and agencies in realising the… Read more »
Nigeria: Union Decries Substandard Products, Seeks Dissolution of Son Mgt
The Iron Rod and Steel Distributors Employers Union of Nigeria (IRSDEUN) has called for the dissolution of the management of Standards Organisation of Nigeria (SON) for alleged… Read more »
April 10
Nigeria: UBA Grows Gross Earnings By 143 Percent, Profit Hits N757.7bn in 2023
United Bank for Africa (UBA) Plc has proposed a final total dividend of N78.658 billion, representing N2.30 per share even as it recorded gross earnings growth of 143 per cent and… Read more »